First Eagle Investment Management LLC Makes New Investment in Vishay Precision Group, Inc. (NYSE:VPG)

First Eagle Investment Management LLC acquired a new stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 78,500 shares of the scientific and technical instruments company's stock, valued at approximately $1,842,000. First Eagle Investment Management LLC owned approximately 0.59% of Vishay Precision Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Victory Capital Management Inc. raised its holdings in Vishay Precision Group by 2.5% in the third quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company's stock worth $1,871,000 after purchasing an additional 1,743 shares in the last quarter. Quest Partners LLC bought a new position in Vishay Precision Group in the third quarter worth about $66,000. Foundry Partners LLC raised its holdings in Vishay Precision Group by 12.2% in the third quarter. Foundry Partners LLC now owns 156,880 shares of the scientific and technical instruments company's stock worth $4,063,000 after purchasing an additional 17,095 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Vishay Precision Group by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company's stock worth $904,000 after purchasing an additional 972 shares in the last quarter. Finally, Tieton Capital Management LLC raised its holdings in Vishay Precision Group by 228.8% in the third quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company's stock worth $3,941,000 after purchasing an additional 105,885 shares in the last quarter. 87.61% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

A number of equities analysts have commented on VPG shares. B. Riley upgraded shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $24.50 to $28.50 in a report on Thursday, February 13th. StockNews.com downgraded shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 1st.

Vishay Precision Group Stock Up 0.1 %

Shares of VPG traded up $0.02 during mid-day trading on Thursday, hitting $22.53. 66,995 shares of the company traded hands, compared to its average volume of 74,473. Vishay Precision Group, Inc. has a 1-year low of $20.83 and a 1-year high of $35.52. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $298.68 million, a PE ratio of 30.45 and a beta of 1.08. The business has a 50 day moving average of $23.33 and a 200 day moving average of $23.57.

Vishay Precision Group (NYSE:VPG - Get Free Report) last issued its earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. Equities research analysts anticipate that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.